NORTHROP CHIEF FORECASTS 'MORE CONSOLIDATION' IN DEFENSE SECTOR

摘要

The drive to rapidly develop defense technologies will spur more industry mergers and acquisition activity over the next two decades, as well as create new entrants in the areas of cyber and artificial intelligence, Northrop Grumman CEO Kathy Warden said Feb. 9. "As a result, I believe the industry will look different in terms of its composition. There'll be more consolidation," Warden said in a wide-ranging interview through the Center for Strategic and International Studies. She also said she expects increased government-industry collaboration. "There will also be more new entrants, and so it's hard to say there will be fewer players, but the ones that exist today will likely continue to consol- idate as we have seen in recent years and we've seen in other cycles," she added.